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Payrailz is an AI & Machine Learning Operationalization (MLOps) Software company based in Glastonbury, founded in 2016.

payrailz.comLinkedInUpdated Oct 17, 2024
Annual revenue
$1.5M
Oct 2024EST.
Total raised
$24.3M
3 rounds
Employees
25
Oct 2024

Payrailz revenue

Payrailz has not published its revenue. GetLatka estimates it at about $1.5M a year (October 2024).

$0
$500K
$1M
$1.5M
$1.9M
–
$994.5K
$1.5M
2021202220232024
ReportedEstimateOne figure per year; a reported figure wins over an estimate
All 3 revenue readings, with sources
As ofRevenueSource
Apr 2021$1.9M–
Oct 2023$994.5KEST.GetLatka estimate
Oct 2024$1.5MEST.GetLatka estimate

– source not recorded

Payrailz funding rounds & investors

Payrailz has raised $24.3M across three rounds since 2017. The latest was a $14.5M funding round in August 2019.

DateRoundRaised
Aug 2019Funding round$14.5M
Aug 2018Funding round$3.8M
Dec 2017Funding round$6M
Total raised$24.3M

Payrailz competitors

Payrailz competes most directly with Bill and Veem.

CompanyRevenueFundingEmployeesCustomersFounded
Bill$1.7B$120M2,4292M2008
Veem$80.6M$101.3M108300K2014
Payrailz$1.5M$24.3M25–2016

Payrailz CEO, founders & employees

Fran Duggan founded Payrailz in 2016 and runs it as CEO. Payrailz had 25 employees (October 2024, LinkedIn).

0
20
40
58
29
25
25
2021202220232024
ReportedOne figure per year; a reported figure wins over an estimate
All 5 headcount readings, with sources
As ofEmployeesSource
Oct 202425LinkedIn
Oct 202325LinkedIn
Oct 202229LinkedIn
Dec 202158LinkedIn
Apr 202151–

Payrailz FAQ

What is Payrailz's revenue?

GetLatka estimates Payrailz's revenue at about $1.5M a year (October 2024). The company hasn't published its own figure.

How much funding has Payrailz raised?

Payrailz has raised $24.3M across three funding rounds. The latest was a $14.5M funding round in August 2019.

How many employees does Payrailz have?

Payrailz had 25 employees in October 2024, according to LinkedIn.

Who is the CEO of Payrailz?

Fran Duggan is the CEO of Payrailz and founded the company in 2016.

Who founded Payrailz?

Fran Duggan founded Payrailz in 2016.

How this page is sourced

4 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Oct 17, 2024Data disclaimerReport a correctionClaim this profileRun Payrailz? Join the podcast